-velopers need to fix satoshis mess first of all the fee needs to be increased to provide compensation an incentive if you like to continue to mine without power companies breathing down my throat sort it out or i will abandon bitcoin and never mine again and so will lots of other people
Please stop spamming, you already have one thread about the same topic.The only reason mining isn't as easy anymore is because there are huge farms in China, Goergia, and anywhere with electricity under $0.05 per kwh. Look at your electricity bill, if it is $0.10 or higher, it is harder for you to ROI on a miner. Miners also operate at different efficiencies.
S1- 2W per GH
S3- 0.8W per GH
S5- 0.5W per GH
S7- 0.25W per GH
Honestly Bitcoin doesn't care about your power costs. Bitcoin has been industrialized.
Bitcoin doesn't have to change. To be honest I am perfectly fine with not being a large miner. I run lotto USBs, and quit mining this past spring.
If you want to make money on Bitcoin, go buy a chunk of land, build a mining farm, get tons of AC, buy S7's, secure a sub $0.05 per kwh power contract and you're good.
Anyways the blockchain was built to eventually run off transaction fees. It wasn't built to be short term for transaction fees to compensate miners. Long-term we will see if the social experiment of Bitcoin coming to the world. We don't know what the future holds, be we all have faith in it.